find more places to cut spending without short-changing things like education, job training, research and technology all of which is critical. spending cuts must be balanced with more reforms to our tax code. the wealthiest individuals and the biggest corporations should not be able to take advantage of loopholes that are not available to most americans. as i said earlier, one thing i won't compromise over is whether or not congress should pay the tab for a bill they have already racked up. congress refused to give the united states the money to pay the bill on time the consequences could be catastrophic. our familieses and our businesses account no afford that dangerous game again. i congratulation the newly sworn members of congress and i look forward working with the new congress in a bipartisan way. if we focus on the interest of our country above the interest of our party i'm convinced we can cut spending and we can protect the middle class. we can step up to meet the important business that awaits us this year, creating jobs, fixing our infrastructure and our immigration system.